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Which one of the following is a possible price for a 3-month American call option with intrinsic value of $3 on a stock that is
Which one of the following is a possible price for a 3-month American call option with intrinsic value of $3 on a stock that is trading at $68? The risk free rate is 4%? a) -$3.65 b) $3.15 c) $3.79 d) $68.15
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